NPCI seeks approval for 'techfin' centre in GIFT City with 25-person unit
NPCI, operator of UPI and RuPay, has applied to set up a techfin branch office at GIFT City IFSC, spanning 474 square metres and staffed by 25 professionals. The move extends its financial innovation focus beyond domestic payment rails, joining 18 entities in the growing IFSC tech corridor.
NPCI, operator of UPI and RuPay payment rails, has applied to establish a techfin unit at GIFT City IFSC, expanding its technology-driven financial innovation focus beyond domestic payment infrastructure with a 25-person branch office.
Why this matters
The techfin filing follows NPCI's cross-border push, including UPI going live in Cambodia for 4.5M KHQR merchants. It signals intent to take UPI and RuPay rails international while also reshaping domestic tools like the unified soundbox.
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